Mount Laurel, NJ currently has 427 residential properties for sale with an average of 46 properties sold per month giving Mt. Laurel a 9 month inventory accumulation. Although there were less new listings coming onto the market in Feb '09, than in Feb. '08, the number of properties going under contract (pended) and settled stayed close to the same. The January year over year comparison of the real estate market activity, however, experienced a decline in listings, pendings, and settled properties.
Mt. Laurel Monthly Statistics for February 2008 through February 2009
|
Date |
Units Listed |
Listed Average |
Pended |
Units Sold |
Sold Average |
Average DOM |
|
Feb 2009 |
83 |
308,564 |
33 |
30 |
230,571 |
73 |
|
Jan 2009 |
111 |
282,352 |
28 |
28 |
274,882 |
116 |
|
Dec 2008 |
44 |
290,418 |
31 |
48 |
282,844 |
87 |
|
Nov 2008 |
66 |
332,568 |
37 |
24 |
235,974 |
65 |
|
Oct 2008 |
92 |
259,935 |
36 |
54 |
282,696 |
77 |
|
Sep 2008 |
117 |
270,979 |
47 |
39 |
284,049 |
62 |
|
Aug 2008 |
90 |
300,260 |
46 |
64 |
301,057 |
78 |
|
July 2008 |
109 |
306,118 |
52 |
56 |
244,641 |
70 |
|
June 2008 |
117 |
301,050 |
56 |
78 |
267,309 |
80 |
|
May 2008 |
118 |
309,991 |
76 |
49 |
238,918 |
70 |
|
Apr 2008 |
123 |
285,393 |
51 |
51 |
242,774 |
60 |
|
Mar 2008 |
117 |
299,870 |
59 |
34 |
264,639 |
101 |
|
Feb 2008 |
109 |
292,811 |
35 |
29 |
263,231 |
82 |
|
|
|
|
|
|
|
|
|
Totals: |
1296 |
294,441 |
587 |
584 |
264,957 |
77 |
|
|
|
|
|
|
|
|
Inventory Accumulation for the Last 12 Full Months
|
|
|
|
|
|
|
Current Inventory * |
Inventory Volume |
Current Average |
Average Monthly Sales** |
Inventory Accumulation *** |
|
427 |
142,437,168 |
333,576 |
46 |
9 |
*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales
Pricing Details of Sold Units for the Date Range Selected
|
Minimum Prices |
Maximum Prices |
Average Prices |
|
Original List Price : $114,900 |
Original List Price: $889,900 |
Original List Price: $285,361 |
|
Sold Price : $109,000 |
Sold Price: $835,000 |
Sold Price: $264,957 |
|
|
|
|
Inventory Accumulation figures are only calculated when Report End Month is the current month
|
Market Statistics Criteria Used |
|
|
Date Range: |
2/2008 to 2/2009 |
|
Price Range: |
$0 to $9,999,000 |
|
Property Category: |
Residential |
|
Area: |
Mount Laurel Twp |
© Copyright 2009 TREND MLS - Information Deemed Reliable but Not Guaranteed. Printed 3/17/2009 11:39:58 AM